Corporate Scorecard signs contract with State of Victoria

Effective 10 May 2010, Corporate Scorecard has signed a State Purchase Contract with the State of Victoria through the Department of Treasury and Finance for the Provision of Financial Assessment Services. (SS-20-2009)

The Contract is for the:

• Provision of Financial Assessment Reports requiring different degrees of investigation depending on the complexity, value of the project being considered by the Department,
• Provision of a wide range of financial reports to enable Departments to select the most suitable report for their business purpose

Under this contract, Corporate Scorecard will be providing a complete range of clear, concise, and easy to understand reports on Companies, Sole Traders, Partnerships and Trusts across various supply and construction disciplines.

These are to be used for:

• Prequalification Assessment,
• Tenderer Assessment,
• Monitoring Specific Contracts in Progress, and
• Ad hoc Specialised Assessment

Corporate Scorecard will be providing service level commensurate with the objectives of this contract:

• To reduce the financial and reputational exposure for Government by ensuring all Departments understand the opportunity exists to mitigate a substantial proportion of commercial risk by using these services as appropriate,
• To simplify and streamline the engagement process for financial viability assessments,
• To establish quality and content expectations for each category of standard report, and identify a range of specialised reporting considered potentially valuable for Government and
• To implement efficiencies in and continuously improve the quality and reliability of the service with standard price lists, agreed price lists, response times, monitoring trends and influencing responsiveness with key performance indicators.